🕐22.11.13 - 03:27 Uhr

CUE ENERGY [ASX:CUE] - NAGA UTARA-2 PROGRESS REPORT # 7





Fortbridge Media Release

Cue Energy [ASX:CUE] - Naga Utara-2 Progress Report # 7

Cue Energy Resources Ltd (CUE) advises that at 06:00 local time on 22 November 2013, the Naga Utara-2 Well was at a depth of 4,921 ft MDKB (1,500m). Currently the 9⅝� casing is being set.

Since the last report, 12�� hole was drilled to the section TD at 4,921 ft MDKB (1,500m) and wireline logs were obtained as per the well plan prior to the 9⅝� casing being run. Progress for the week was 525ft (160m).

The well site is located in the onshore portion of the Kutei Basin on the island of Kalimantan (Borneo), approximately 10 km NE of the town of Samarinda (map attached). Naga Utara-2 is operated by SPC Mahakam Hilir Pte Ltd, a subsidiary of Singapore Petroleum Company Ltd.

To view the full announcement please refer to the attachment.

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David A.J. Biggs
Chief Executive Officer
or
Andrew M Knox
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